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Leveraging R&D tax credits can greatly enhance your business's competitive edge in the market by fostering continuous innovation and driving strategic growth initiatives. By investing in research and development through tax credits, you position your company as a frontrunner in your industry, staying ahead of competitors and adapting to changing market demands. Additionally, forming strategic partnerships with other innovative companies becomes more feasible, leading to collaborations that further propel your business
You can claim R&D tax credits retroactively for up to three years (Financial support for businesses). However, time restrictions apply, and it's essential to adhere to specific deadlines for each tax year.
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